Anti-Money Laundering: A 15-Minute Refresher for Australian Law Firms

Because law firms are generally trusted to conduct business according to the law, money launderers find them very attractive as a way of cleaning their paper trails and making them appear more legitimate. The risks for abuse are highest when a firm takes a lax approach to its money laundering requirements. In order to avoid involvement in a money laundering scheme, it's imperative that you understand how to recognise suspicious activities and know what to do once you have identified them.